Retrack Slovakia s.r.o., a rail logistics company fully owned by VTG AG since 2021, has filed for insolvency, VTG confirmed in a statement issued on June 30 2025. The insolvency filing follows recent operational and financial challenges within the company.
VTG, a leading European rail logistics provider, had acquired Retrack Slovakia in 2020 with the goal of strengthening its presence in Central and Eastern Europe’s freight market. At the time of acquisition, VTG highlighted Retrack’s expertise in rail freight transport and maintenance services as key strategic assets to complement its existing portfolio.
The current insolvency filing marks a setback for VTG’s expansion plans in the region. According to VTG, the company is closely monitoring the situation and collaborating with relevant stakeholders to determine the best course of action. VTG remains committed to maintaining operational continuity and minimizing disruption for customers and partners during this process.
In its statement, VTG emphasized that the insolvency concerns Retrack Slovakia specifically and does not affect VTG’s wider operations across Europe. The company reiterated its strategic focus on rail logistics and ongoing investments to enhance its service offering.
Retrack Slovakia had specialized in rail freight logistics, including container transport and wagon maintenance, serving a variety of industrial clients in Slovakia and neighbouring markets. The insolvency filing comes amid broader challenges in the rail freight sector linked to supply chain disruptions and fluctuating demand.
VTG’s management is currently reviewing restructuring options and potential investor interest to support Retrack Slovakia’s recovery and safeguard jobs.
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